By thelegalintelligencer | The Legal Intelligencer | September 19, 2017
Limited partnership agreements were not subject to an implied covenant of good faith and fair dealing by the general partner or among the partners. Order of the superior court reversed.
By thelegalintelligencer | The Legal Intelligencer | August 18, 2017
The court found that it had specific jurisdiction over the individual defendants in plaintiffs action alleging claims of alter ego, intentional fraudulent transfer, constructive fraudulent transfer and breach of fiduciary duties of care and loyalty to creditors and the complaint adequately alleged colorable claims against each defendant. Motions to dismiss denied.
By Max Mitchell | August 14, 2017
A class action against an accounting firm whose former employee is alleged to have distributed nearly $6 million worth of fraudulent claims from a multidistrict litigation settlement can survive despite technically being filed outside the statute of limitations, a federal judge has ruled.
By Jonathan Marks | July 31, 2017
The U.S. Foreign Corrupt Practices Act has been setting an ever-lower threshold for violations of the FCPA's books and records and internal controls provisions. As the clock turned to 2017, the U.S. Securities and Exchange Commission (SEC) charged Mondelz International, Inc. (formerly Kraft Foods) because one of its subsidiaries Cadbury, a U.K.-based confectionery and snack beverage company that had securities registered with the SEC and manufacturing facilities in India, failed to conduct appropriate due diligence on and monitor the activities of an agent, which "created the risk" that funds paid to the agent, which has no written contract, could have be used for improper or unauthorized purposes and Cadbury's books and records did not accurately and fairly reflect the natures of the services rendered by the agent.
By Carla Vianna | July 25, 2017
A team of Greenberg Traurig lawyers helped pave the path for a Pennsylvania medical technology company's $280 million acquisition of a Swiss public company.
By Samuel C. Stretton | July 20, 2017
I am a relatively young lawyer, but I have many contacts and am able to get a number of different types of cases. I, myself, am not interested in trying cases or handling them. What I want to do is advertise and then when the cases come in, I will refer these cases to other competent lawyers and receive referral fees. Can I do that?
By Lizzy McLellan | July 17, 2017
Generic pharmaceutical manufacturer Lannett Co. Inc. has appointed its longtime outside lawyer to serve as chief legal officer and general counsel.
By June F. Swanson | July 14, 2017
Companies navigating today's ever-changing digital landscape likely agree with the latter characterization of that saying, because when it comes to defining rules for social media use by employees, corporations certainly have their hands full.
By P.J. D'Annunzio | July 13, 2017
The Federal Communications Commission's $25 million limit on helping small businesses and minority entrepreneurs competing with big corporations bid for licenses for radio and broadband space is legal, a federal appeals court has ruled.
By thelegalintelligencer | The Legal Intelligencer | July 7, 2017
The evidence of record raised material issues of fact regarding whether there was a fiduciary relationship between the parties, whether in the form of a partnership, joint venture or co-promoter relationship, arising from their alleged collaboration to purchase and develop of parcel of land. The court denied defendants' motion to dismiss.
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